Story: Business cycles

Unemployment benefit brochure

Unemployment benefit brochure

To some degree the extreme effects of business cycles are limited by government action. During periods of contraction it is likely that the number of people unemployed will rise, but they receive unemployment benefits. This ensures that the demand for goods and services does not drop further.

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How to cite this page:

Viv B. Hall, 'Business cycles - New Zealand’s business cycles', Te Ara - the Encyclopedia of New Zealand, (accessed 26 May 2024)

Story by Viv B. Hall, published 11 Mar 2010